SME Working Capital Loan

Working capital to help you ease business operation costs while saving 50% on facility fees

Why you will love this

Collateral-free* business loan for SMEs at low interest rates

Secure up to S$500,000 and save up to S$3,750

Apply online in 3 steps

Who can apply

The company must be incorporated in Singapore for at least 2 years

At least 30% Singaporean or PR shareholding

Group annual sales of ≤ S$100m or group employment size ≤ 200^

Fulfill your business cash flow needs or expansion plans and enjoy up to S$3,750 off facility fees today.

Plan your business loan

Every business is unique. Input your business specifics and get tailored results so there’ll be no more guesswork!

Determine exactly how much you can borrow and repay each month. Let our loan calculator guide your financial strategy, so you can invest confidently in your business’ growth.

1 years
5 years

Estimated monthly instalment


Apply now

Disclaimer / Important Notice
This is not a financing offer from OCBC Bank. The computations shown are based on the information provided by you. These computations are intended to give an indication of repayment information based on certain loan parameters, and are provided solely for reference only. Actual interest rates may differ and may be higher than what is shown here. We hereby disclaim any responsibility for any errors or omissions in the computations or past transaction values reflected. OCBC Bank will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you may make as a result of relying on the computations and/or past transaction values reflected. For the applicable terms and conditions of any financing offer made to you by OCBC Bank, please refer to the relevant Letter(s) of Offer issued.

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Get your SME Working Capital Loan today with us

Common questions
Why get a business loan?

The OCBC Working Capital Loan is a government-assisted loan that helps SMEs across all industries get access to working capital for their business needs – expansion or running day-to-day operations better. Some of the most common reasons to get a business loan are:

  • Take on projects with a high upfront cost or have standby cash to seize opportunities at the right time
  • Speed up expansion plans and ride the rapid growth in business with ease
  • Cover a cash flow crunch
  • Prepare for the unexpected
Who can apply and what documents do I need should I prepare?

The OCBC Working Capital Loan is suitable for businesses that are:

  • Sole Proprietor, Partnership, or Private Limited Company, registered and operating in Singapore for a minimum of 2 years
  • At least 30% local shareholding (Singaporeans / PRs)

Apply online and we will fetch your details via MyInfo (SingPass) or MyInfo Business (CorpPass) with minimal documents required. Please prepare the following:

  • Login Details for Corppass and Singpass
  • Entity’s profit and loss statement and balance sheet for the latest 2 years
  • Latest 6 Months bank statement (non-OCBC account holders)
  • Guarantor’s latest 2 Years NOA statement (not required with SingPass authentication)
  • All Directors & Guarantors’ NRIC (not required with SingPass authentication)
Are there any penalties for repaying my loan earlier and any other fees I should be prepared for?

There are no prepayment fees for repaying your loan earlier.

A facility fee of 1.5% of the approved loan amount (minimum S$500) is charged in addition to the effective interest rate offered to you. From now till 31 December 2024, apply online to enjoy 50% off facility fees, saving you up to S$3,750. Terms and conditions apply.

What are my monthly instalments?

You can use our business loan calculator to view your indicative monthly instalments based on the principal amount, tenor and effective interest rate.

Additional lending options for your business

OCBC Short-term Financing

Unlock funds from your unpaid business invoices. Receive payments immediately instead of waiting up to 30, 60, 90, or even 120 days.

OCBC Revolving Term Loan

Access financing whenever you need it, without the hassle of reapplying unlike business loans or overdrafts.

OCBC Commercial Property Loan

Secure attractive rates to own your first commercial property or expand your business premises.

Terms and Conditions
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